Multi Family homes for sale & real estate in Otero County, NM

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ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Investment Opportunity! 2 residences - the main home at 1394 sq ft and a separate A-Frame home at 744 sq ft. The Main Home has served well as a vacation rental for 5 years and the A-Frame was a long-term rental. The Main Home has many recent updates and boasts a large deck area and balcony off the upstairs room. Plenty of windows to let in the sunlight. Vaulted ceilings. There is a carport, covered walkway to both units, and a storage area beneath the home. The A-Frame is situated above the main home and has 2 bedrooms and 1 bath. So many possiblities - vacation rentals, long-term rentals, primary home + rental, 2nd home + short-term rental. Schedule your showing and see the possibilities!

$449,000

4 beds3 baths2,138 sq ft

802 Chautauqua Canyon Blvd, Cloudcroft, NM 88317

Large deck area • Carport • Covered walkway

ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 3 spacious bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income potential, this property is a must-see for investors or those seeking a multi-generational living setup!

$150,000

4 beds2 baths1,388 sq ft

1303 Eighth St, Alamogordo, NM 88310

Two separate homes • Tile flooring • Rental income

ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Step into timeless Southwest charm with this one-of-a-kind vintage adobe home, rich in character with beautiful turquoise accents and full of possibilities. The steel decorative fencing is artistic and adds character to this unique home as well as the Southwest inspired landscaping throughout the property. This architectural gem boasts 3-4 bedrooms, 2 full baths and 2 distinct living areas-each featuring its own fireplace. The home offers two potential kitchen spaces for multi-use or to create your culinary dream. The formal dining area offers space for gatherings and celebrations. Beautiful oak flooring adds warmth and charm to the home. Step out back to a shady patio perfect for relaxing.

$249,900

4 beds2 baths2,070 sq ft

1522 New York Ave, Alamogordo, NM 88310

Formal dining area • Vintage adobe home • Shady patio

ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Fantastic investment opportunity! This multi-family property features two separate homes on one lot. The front house offers 2 bedrooms and 1 bathroom, while the back house includes 1 bedroom and 1 bathroom, perfect for rental income, extended family, or guests. Both units are finished with low-maintenance laminate and tile flooring throughout. With versatile living options and strong income potential, this property is a must-see for investors or those seeking a multi-generational living setup!

$150,000

3 beds2 baths1,502 sq ft

1307 Eighth St, Alamogordo, NM 88310

Two separate homes • Tile flooring • Rental income

ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Incredible VALUE ADD Investment opportunity in the heart of La Luz, New Mexico! This one enjoys an approximate Cap Rate over 6%. This 20-space mobile home park sits on 3.46 acres, offering steady income potential and long-term growth. With ample space and infrastructure for 3-4 Additional Homes, the property provides tenants with a comfortable setting while giving an investor room to maximize returns. Located just minutes from Alamogordo, the park benefits from convenient access to schools, shopping, and local amenities, while still enjoying the quiet charm of La Luz. The 3.46-acre parcel allows for flexible management and potential future improvements. Whether you're looking to expand your

$1,300,000

54 beds36 baths— sq ft

1 Thru 16 Sams Ct, La Luz, NM 88337

3.46 acres • Access to shopping • Local amenities

Property at 1305 Eighth St, Alamogordo, NM 88310, 3 beds, 2 baths

$150,000

3 beds2 baths1,266 sq ft

1305 Eighth St, Alamogordo, NM 88310

Property at 219 Pawhuska Dr, Timberon, NM 88350, 3 beds, 2 baths

$140,000

3 beds2 baths1,600 sq ft

219 Pawhuska Dr, Timberon, NM 88350

Property at 101&103 Lynx Ave, Cloudcroft, NM 88317, 5 beds, 5 baths

$425,000

5 beds5 baths1,760 sq ft

101&103 Lynx Ave, Cloudcroft, NM 88317

Property at 802A Chautauqua Canyon Blvd, Cloudcroft, NM 88317, 4 beds, 2 baths

$319,000

4 beds2 baths1,488 sq ft

802A Chautauqua Canyon Blvd, Cloudcroft, NM 88317

Property at 102 Mexican Ave, Cloudcroft, NM 88317

$1,350,000

— beds— baths8,322 sq ft

102 Mexican Ave, Cloudcroft, NM 88317

Property at 2100 Stardust Ct, Alamogordo, NM 88310, 5 beds, 1 bath

$4,724,000

5 beds1 bath30,020 sq ft

2100 Stardust Ct, Alamogordo, NM 88310

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NEW 4 HRS AGO

ABOUT THIS HOME
Multi Family Home for sale in Otero County, TX:
Discover a turn-key, cash-flowing opportunity in one of El Paso's most convenient pockets. This is a fully renovated 4-unit multifamily property. .. perfect for an investor looking for stability, strong returns, and zero headache. Every unit has been updated from top to bottom, featuring: Refrigerated air, New tile + new carpet, New plumbing throughout, New electrical, New gas lines, Modern fixtures, fresh paint, and clean layouts. This is a true set-it-and-forget-it investment. With all major systems replaced and the property already producing income, you're stepping into a low-maintenance asset positioned for long-term growth.

$395,000

— beds— baths2,600 sq ft

8824 Mount Elbert Dr, El Paso, TX 79904

Fully renovated • Refrigerated air • New plumbing

ABOUT THIS HOME
Multi Family Home for sale in Otero County, TX:
This duplex (1813 & 1815 Alabama St) each side has 1 bedroom, 1 full bath, liv-in room & kitchen. This property is close to the 5 Points district. The tenant pays light & gas, owner pays water and trash.

$195,000

— beds— baths1,144 sq ft

1813 & 181 Alabama St, El Paso, TX 79930

6,098 sq ft lot • Built 1954 • Listed 4 days

ABOUT THIS HOME
Multi Family Home for sale in Otero County, TX:
Westside single story brick duplex conveniently located to eateries, shopping, entertainment, beautiful park is walking distance, access to I-10, Border Highway, Mesa Street and UTEP are only minutes away. Parking available for both units. This is a great investment opportunity. Please call for more information.

$320,000

— beds— baths2,874 sq ft

6443 Pizarro 6443 & 6445, Dr, El Paso, TX 79912

Access to i-10 • Minutes to utep • 0.28 acre lot

ABOUT THIS HOME
Multi Family Home for sale in Otero County, TX:
Great investment property. Spacious corner half duplex with 2 bdrm 1 bath. Roof was replaced in 2025.

$135,000

2 beds1 bath833 sq ft

5939 Deer Ave, El Paso, TX 79924

4,565 sq ft lot • Garage • Built 1985

ABOUT THIS HOME
Multi Family Home for sale in Otero County, NM:
Investment Opportunity! 4 plex close to midtown. Each unit has 2 bedrooms, 1 full bathroom and 1/2 bath. Open Living room and kitchen downstairs with washer/dryer area and half bathroom. Bedrooms and full bath are upstairs. Each unit has an upstairs balcony. Solid rental history.

$595,000

8 beds6 baths3,840 sq ft

103 Timber Wolf, Ruidoso, NM 88345

Upstairs balcony • Solid rental history • 0.23 acre lot

ABOUT THIS HOME
Multi Family Home for sale in Otero County, TX:
Investor Special Alert! Located in the heart of Central El Paso, this 4-bedroom, 2-bath duplex with 1,281 sq. ft. offers multiple exit strategies — fix and flip, buy and hold, or rent for strong cash flow. Huge ARV upside for the savvy investor! Features hardwood floors, central location near shopping, schools, and freeway access. A little work goes a long way on this one — don't miss this opportunity! Sold as is. Cash or hard money only. Hurry before it's gone!

$125,000

4 beds2 baths1,281 sq ft

3327 Mobile Ave, El Paso, TX 79930

Near schools • Near shopping • Central location

Property at 7051 Portugal Dr Unit C, El Paso, TX 79912, 3 beds, 2.5 baths

$229,000

3 beds2.5 baths1,405 sq ft

7051 Portugal Dr Unit C, El Paso, TX 79912

Property at 925 Vinton Ave, Canutillo, TX 79835

$1,300,000

— beds— baths3,000 sq ft

925 Vinton Ave, Canutillo, TX 79835

Property at 3921 Nations Ave, El Paso, TX 79930, 2 beds, 2 baths

$122,900

2 beds2 baths1,294 sq ft

3921 Nations Ave, El Paso, TX 79930

Property at 4000 Camelot Heights Dr Unit D, El Paso, TX 79912, 4 beds, 3.5 baths

$259,900

4 beds3.5 baths2,304 sq ft

4000 Camelot Heights Dr Unit D, El Paso, TX 79912

Property at 7573 LE Conte Dr Unit A, El Paso, TX 79912, 3 beds, 2 baths

$265,000

3 beds2 baths1,810 sq ft

7573 LE Conte Dr Unit A, El Paso, TX 79912

Property at 616 Sudderth Dr, Ruidoso, NM 88345, 1 bed, 1 bath

$2,800,000

1 bed1 bath13,057 sq ft

616 Sudderth Dr, Ruidoso, NM 88345

Property at 10905 Sagebrush Way Unit A&B, El Paso, TX 79936

$435,000

— beds— baths2,834 sq ft

10905 Sagebrush Way Unit A&B, El Paso, TX 79936

Property at 10008 Caribou Dr Unit A, El Paso, TX 79924, 2 beds, 1 bath

$115,000

2 beds1 bath740 sq ft

10008 Caribou Dr Unit A, El Paso, TX 79924

Property at 4019 Vanderveer Dr, El Paso, TX 79938

$439,000

— beds— baths3,804 sq ft

4019 Vanderveer Dr, El Paso, TX 79938

Property at 5787 Sean Haggerty Dr Unit B, El Paso, TX 79924, 2 beds, 2 baths

$168,000

2 beds2 baths958 sq ft

5787 Sean Haggerty Dr Unit B, El Paso, TX 79924

Property at 4500 Arlen Ave, El Paso, TX 79904

$310,000

— beds— baths1,700 sq ft

4500 Arlen Ave, El Paso, TX 79904

Property at 6315 Escondido Dr Unit J, El Paso, TX 79912, 3 beds, 2.5 baths

$349,000

3 beds2.5 baths1,667 sq ft

6315 Escondido Dr Unit J, El Paso, TX 79912

Property at 10214 Silver Strand Pl, El Paso, TX 79924, 3 beds, 1.5 baths

$145,000

3 beds1.5 baths1,081 sq ft

10214 Silver Strand Pl, El Paso, TX 79924

Property at 1604 Mathis Rd, Anthony, NM 88021

$799,000

— beds— baths— sq ft

1604 Mathis Rd, Anthony, NM 88021

Multi Family Homes for Sale in Otero County

There are currently 11 multi family homes for sale in Otero County at a median listing price of $274K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Otero County stay on the market for 42 days. This map is refreshed with the newest listings in Otero County every 15 minutes.

In the past month, 79 homes have been sold in Otero County. In addition to houses in Otero County, there were also 0 condos, 0 townhouses, and 8 multi-family units for sale in Otero County last month. Find your dream home in Otero County using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Otero County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Otero County. If you're looking to sell your home in the Otero County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Otero County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Multi Family homes for sale & real estate in Otero County, NM

Multi Family Homes for Sale in Otero County

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